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Alliance Air, earlier part of Air India, is now owned by AI Assets Holding Ltd (AIAHL), a special-purpose vehicle formed by the central government. ....
The government is set to make an equity infusion of Rs 300 crore in regional carrier Alliance Air, which is facing financial headwinds, according to a senior official. ....
A senior minister confirming a likely deal and saying that AI Assets Holding Ltd which owns the building has in principle agreed to give the building to the state government. ....
The Maharashtra government is set to become the new owner of the iconic Air India building at Nariman Point, Mumbai, following the state government s fresh offer of Rs 1,600 crore to acquire the property. ....